Excerpt from Economic Moralism: An Essay in Constructive Economics The President of the French Chamber of Deputies declared on December 22, 1914, that the great war being waged defensively by. France and her Allies against the Teutonic Powers was in support of the principle that right is might. This prin ciple, as the antithesis of the Teutonic one that might is right, is admirable. But to make it ethically effective the nations th'at emblazon it on their banners will have to devote much considera tion to its meaning. The war finished, ethical inquiry will receive such an impetus as it has perhaps never had in the world's history. There will be ardent and keen investigation into the laws of right conduct in every department of life - right conduct between nations, right conduct between races, _ sects, and political partias living under the same government, and, above all, because lying at the root of all right living, right conduct in economic afi'airs - that is, in the production and division of wealth. These are the most momentous problems pressing upon the world's attention at the present time, and it is owing to man's neglect of them that there has been such' intolerable suffering from war, poverty, and crime. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.